Bendigo Resources Makes All Sales on Credit with 40% of the Payment

Multiple Choice

Bendigo Resources makes all sales on credit with 40% of the payment received in the month of sale, 40% in the month following the sale and the remaining 20% in the subsequent month.
Budgeted sales are as follows:
January $100 000
February $140 000
March $120 000
The budgeted receipts from debtors during March are:

A) $100 000.
B) $120 000.
C) $124 000.
D) $196 000.